All posts by Malissie Rodriguez

what do conveyancers do

The answer to the question of what do conveyancers do

Conveyance involves all the activities that occur during property purchase and registration. These activities are complicated and cannot be handled by ordinary people. They are better left for professionals who special in estate transactions. These professionals are called conveyancers. Most new home buyers are still stuck with the question of what do conveyancers do.  Their curiosity is understandable given that they do not have any experience in the property market. Those who have bought or sold houses know that there are so many nuances in a conveyance that only experts can successfully put up with.

Experts of property transaction are known as conveyancers or solicitors. Solicitors are highly trained lawyers. They have gone through years of law school and have specialised in nothing else but property transaction. They know everything there is to know about this business.

Make property transaction easier

Solicitors specialising in property law work for buyers, sellers, insurance firms and any other party that has an interest in real estate transaction. Each of these people has his individual needs even in a transaction where they are all involved.  Most real estate transactions involve almost all of these parties. A good example is a buyer who wants to purchase a property through mortgage but also trying to insure it.  An insurance firm and a mortgage lender will need advice about the feasibility of the property transaction. The buyers and sellers in that transaction will require the solicitor during every step of the transaction.

Advise better options to clients

Buyers need solicitors to advise them about the nature of property ownership they intend to get into. One type of property ownership is usually very different from another. A buyer may qualify for one type of ownership and not another. The various types of property ownerships were designed by the government to enable people in all situations to own property. Poor people can now own properties just like their richer counterparts. Couples and friends also have their home ownership schemes.

Solicitors represent buyers and sellers in the conveyance.  Sellers need to draw drafts of agreements that will govern their property transactions. They cannot do this without the input of solicitors. The legal nuances of conveyance make contract drafting a professional business.  A buyer also uses the services of a lawyer to scrutinise a seller’s draft. They can either accept or reject the draft depending on how it suits them.

Act as mediators

Buyers and sellers may never really meet during conveyance. Solicitors usually mediate between buyers and sellers during the whole of conveyance. Online conveyance has made conveyance even more abstract. A buyer can purchase a property without ever meeting its original owner. Solicitors undertake all communications. Solicitors must come up with communication media that suit their clients. The most used means of communication include phone calls, postal mail and the Internet.

Property transaction can go berserk if no adequate research is undertaken before the property is sold. Research attempts to uncover the background of a property and to detect anything that might cause problems to buyers and sellers in the future. Common property researches that are conducted by solicitors include ownership research, mining research, and water and drainage research.

conveyance taxes

The conveyance taxes buyers and seller pay

The state views conveyance as a form of business.  Business involves the exchange of goods and services with an aim to make a profit. Both buyers and sellers benefit in one way or another at the close of a business transaction. The advantage that buyers and sellers get is subject to taxation just like the income tax. The way to determine conveyance taxes is slightly different from how income taxes for salaried people are calculated. It is important for beneficiaries of conveyance to know how they will be taxed so that they can anticipate the expenses they will accrue upon the completion of conveyance.

Taxation is not a form of punishment. Taxes are the major sources of revenues to the government.  State systems would collapse if there were not taxes. Taxes help keep a country together. The government knows the burden that taxes can bestow upon its citizens. Taxation is designed in such a way that people can pay without losing too much money. Every business or source of income is taxed just well enough to keep those involved financially afloat.  That is, each business is taxed in a way that is different from another with consideration given to levels of income of the taxpayer. Conveyance taxes are technically different from income taxes or taxes that are imposed on other businesses.

There are two major taxation systems in the conveyance. The first one is stamp duty tax system and the second is the capital gains tax. Stamp duty land taxes are imposed on buyers of properties. Capital gains tax is for sellers of properties who meet certain criteria. These two taxation systems are different in their methods of execution. A buyer may be eligible for stamp duty tax even if his seller is not.

Stamp duty land tax is paid to the HMRC upon completion of conveyance. The real estate buyers pay it within thirty days of completion of conveyance.  A buyer is assumed to have gained an asset when he purchases a property.  It is the increase in an asset that is taxed. A buyer’s solicitor usually processes this tax. The solicitor may pay the fee with his own money in which case he will have to be refunded by the purchaser.  A buyer can file a tax return and pay the tax himself if the solicitor fails to process the tax during his tenure.

The method of calculating stamp duty taxes is similar to that of income tax. This tax is grouped into bands. The number of bands in a taxation system depends on whether the property that has been sold is residential, commercial or an additional property to a buyer who already has another property.        First-time residential houses that are less than £125,000 are not taxed. Properties worth more than £125,000 are taxed at rates ranging from 2% to 12%. Taxation for commercial properties begins with properties of at least £150,001. Additional properties are taxed from property prices greater £40,000.

solicitors in Portsmouth

How solicitors in Portsmouth help in conveyance

Portsmouth has in the past few years experienced rapid growth in the housing market. The number of property for sale has been increasing. Home buyers have come from various parts of the UK to seek residence on Portsmouth. Solicitors have facilitated the growth of the housing market in Portsmouth. These lawyers have ensured that property transactions take place smoothly. The solicitors have been the backbone of smooth and clean real estate transactions. Without the solicitors, conveyance would be marred with errors and even result in serious ownership disputes.

Solicitors involved in conveyancing are experts in the art of property transaction. They are lawyers whose speciality is only real estate transaction. The Solicitor Regulation Authority(SRA) registers the solicitors. SRA is a legally established institution. This body ensures that the solicitors are well trained in the conveyance. It is in charge of vetting and registering the solicitors. The body guarantees home buyers and sellers that the lawyers they are working with are honest and capable of handling all issues involving real estate purchase and registration.

Solicitors Responsibilities

Conveyance is a complicated and legally intensive affair. This is why buyers and sellers cannot carry out conveyance by themselves. They need someone who is trained in law to represent them during conveyance. An individual, no matter how good he is in business, cannot play the role of solicitors in the conveyance. Real estate transaction goes beyond negotiation for commodities and prices. Sometimes disputes arises that can only be resolved in court.

Solicitors have to follow a set of principles and ethical standards. These are spelt out in the Solicitors Handbook. The principles are guidelines that solicitors must adhere to during their dealings with clients. Breach of a principle by acts of dishonesty or theft of funds is punishable by the Solicitor Disciplinary Tribunal. Some solicitors have felt the wrath of Solicitor Disciplinary Tribunal. Some have had to financially compensate their clients while others have had their certificate of operation withdrawn. This just shows how serious conveyance is and why solicitors are vigilant with their jobs.

Solicitors are the custodians of all information relating to conveyance. They are trained enough to know all there is to know about property transaction. This is just as well since real estate market has come up with methods of home ownership that can be highly challenging to understand. A point in case is the leasehold ownership. Leasehold ownership is when an individual stays in a freeholder’s property for a long but defined period of time. He may or may not have to pay ground rent. The cost of maintaining a property that is in leasehold is shared between the leaseholder and the freeholder. Law clearly defines the share of these expenses. There are property maintenance costs that a leaseholder must pay for and those that by the freeholder. It is this kind of complicated home ownership that makes solicitors indispensable in the conveyance.

Solicitors also help p in facilitating communication between buyers and sellers. Buyers and sellers communicate a lot during conveyance. They have to exchange documents such as Title Deeds and contracts. They also have to agree on the prices of the properties and the obligation of each one of them during conveyance.

researching conveyancing services

The importance of researching conveyancing services

Solicitors help their clients in finding out the background of properties that they intend to buy. It is important to know all facts surrounding a property before buying. Some of the findings of the research will help a buyer predict future financial obligations as well as your social responsibility in your new neighbourhood. Researching conveyancing services  covers matters such as property ownership, water, sewerage, and mining research.  The buyer must pay for these researches. The cost of research is usually different from solicitor’s fees.

Every buyer must know the true identity of the owner of a property before buying the property. This helps to reduce chances of fraud and prevents ownership disputes that may arise in the future. Sellers usually give buyers a copy of Title Deeds and other documents of ownership to the purchaser at the beginning of conveyance. These documents are not sufficient to confirm identity. Forged documents are a possibility and should be checked by a solicitor. Besides, the seller may not be in the record of the Land Registry. This is why research for ownership is vital.

Solicitors research for property ownership by going through the records of the Land Registry. Land Registry has names and deeds for all real estate properties in the United Kingdom. If the property is not registered, then the buyer and his solicitor must rely on documents that the seller provides. They must scrutinise the documents to ensure that the documents are genuine. They can work with a specialist from the Land Registry to help them determine the veracity of records proffered by the seller.

The other necessary conveyancing research is water and sewerage research. Water and drainage research elucidate adequacy of water supply and drainage of property. It also helps in establishing if there will be any developmental changes in water and sewerage systems. A solicitor conducts water and drainage research by colluding with local authorities that are in charge of those services. The solicitor will find out the amount of water supplied to property. He will also find out the source of the water and how the water is treated before being pumped to the property. It is also important to check the map of pipes and their relation to the property. This will enable the buyer to avoid interfering with the pipes when constructing new structures.

Mining research is another important conveyancing research service. Mining activities affect properties and residents within their neighbourhood.  The nature of the mines determines how and to what extent properties and their owners will be affected. Loud mines pollute the air and interfere with building foundations. Mining with dynamites also affects structural integrity of nearby properties.  A solicitor should find out if the property has the capacity to withstand earth-shaking effects of mining. The solicitor should also know the amount of air pollutants within the vicinity of the mine. This information will influence the buyer’s decision to proceed with the conveyance, or to terminate it altogether.

cheap conveyancing

Chelmsford Cheap Conveyancing Firms

Located in East England, Chelmsford is home to a number of conveyancers who are both cheap and quality. Indeed it is true that conveyancing can be at times very costly especially for first-time buyers. For people operating on a shoestring budget when purchasing a home, it is important that they get cheap conveyancing services. In a commercial city like Chelmsford, real estate is always a thriving business; there are thus several conveyancers in the city who can provide cheap conveyancing options for sellers and buyers alike. If you are looking for cheap conveyancing options here are some options you would want to consider.

Gepp and Sons

Gepp and Sons started its services over 200 years ago. It has continued over those years to be one of the leading firms not only in Chelmsford but in the whole of North East region. As one of the oldest in the region it has the edge over its competitors and has established itself as the reliable service provider. Their services are geared towards ensuring that the customer gets the highest standards of service. This commitment has enabled them to come up with cheap solutions for people who may not be able to afford high-end service. If you are looking for a firm where you will get your money’s worth, Gepp and Son’s is the firm for you.


NBM law is one of the major service providers in the region. With a broad client base, the firm has been able to establish itself as a reliable service provider. Their 28 years of experience has enabled them to come up with solutions catered for every kind of client. If budget is a problem for you, NBM Law has products that ensure that you will get quality service at a pocket-friendly price. Their lawyers are trained to treat every client and case uniquely. As a client, you will enjoy working with NMB law. Their offices are located at Rainsford Rd.

Duffield Stunt

Duffield Stunt is one of the most progressive firms in the city of Chelmsford. As a growing, a firm they are keen on providing quality service to the clients. One of their main strategies is on technology. The firm prides itself on having the very best software so as to offer service that is both personalised and professional. Their focus on the internet enables them to reach a wider client base and provide solutions for every one of them. If you are busy and looking for a cheap, quick and also quality service option, then Duffield is the right choice for you. With them you do not even have to go to their banking halls, you only need to go to their website where you will be served well. Their office is on Duke Street in the centre of the city.

Dyer and Crow Conveyancers

Professionalism is a crucial factor in conveyancing. For a firm to succeed, it has to find a balance between being friendly, personal and being professional. Dyer and Crow is a firm that has found the balance between these two principles. The result is high standard service delivery that has enabled the company to grow. In line with these principles, Dyer and Crow provides solutions that are personalised for every client. So no matter your budget be sure that Dyer and Crow will find a suitable product for you that will be of the quality required. Their office is at Duke, open from 8.00 am to 5.00 pm.

These are but some of the many firms providing affordable and cheap conveyancing services in Chelmsford city. No matter what your budget is may be, there is always a product out there for you.

conveyancing fees calculator

Conveyancing Fees Calculator – Things you must know

The first thing that comes to the mind after you decide to purchase a property is the conveyancing fees. Apart from the purchase price, the buyer has to carry the conveyancing fees for the solicitor and for the legal formalities that conveyancing requires. Buyers are curious about the conveyancing fees, and they use the conveyancing fees calculator. A buyer can get multiple options over the internet to do so. However, the question is that how productive these calculators are and if you are enforcing yourself for any risk? Well, you need to consider many things to use conveyancing fees calculator to your advantage.

How to use Conveyancing Fees Calculator

There are many conveyancing fees calculator available over the Internet. These are the automated software applications that help you to estimate the budget for the entire conveyancing process. It would ask you some basic details about the property such as purchase price and the area. The conveyancing fees depend on upon the area and the purchase price. The calculation returned us generally by the standard rates feed in the software. So, the accuracy of such conveyancing fees calculator can be easily challenged. It is true that the calculations can provide you with a rough idea about the budget, but the actual cost can vary.  There are multiple components of the conveyancing fees such as search costs, disbursement Fees, and all other legal expenses. These fees are more or less constant, and one can quickly draw the budget in accordance with the purchase price and the area. However, the solicitor fees are variable, and one needs to find the best price for the solicitor.

Solicitor quotes

The solicitor quotes are available over the Internet and from the solicitor’s office. You can go through the quotes to understand and estimate the budget as well. There are different types of quotes for the solicitor, and you should consider these on top priority. The quotes can be on an hourly basis and with a fixed rate. Hourly quotes are the cost per hour during the conveyancing process. It is always advisable to go through the terms and conditions.

The fixed price is a one time cost for the entire process irrespective of the hours solicitor has worked on the conveyancing process. There can be specific mentions of “No Win No Fee” or similar conditions as well for some of the quotes. This only means if the conveyancing fails, you are not bound to pay the solicitor fees. However, you must understand that the solicitor fee is excluding the legal fees related to third party.

Conveyancing Calculator Forms

You can come across many online forms that would help you to calculate the conveyancing fees. The primary mode of calculation is same for these as the calculator. However, the forms will require an email where the list of conveyancer is sent on your behalf. One thing you must make sure that you do not provide the sensitive details to any of the form. You can be cheated or duped using the same.

disbursement when selling house

Disbursement when selling house and what are they?

Conveyancing is the process of transferring the property from the seller to the buyer. However, as a seller, people often try to understand the entire cost of the conveyancing in the United Kingdom. Apart from the solicitor fees, there are many other expenses like disbursement when selling a house that is considered part of the conveyancing cost. However, many have the confusion surrounding the disbursement and what are the disbursement when selling house.

What is Disbursement?

As the name suggests, this is the amount of money that the solicitor has to pay to other companies or authorities during the process of selling the property for you. This is not paid out of the fees of the solicitor to be clearer. The solicitor would charge you for the same and simply pass the amount to the different authorities or companies. The payment is generally made through the solicitor on behalf of the seller as it is convenient and also hassle free.

The disbursement when selling a house can vary depending upon the property and other details. However, here are some of the most common disbursements when selling house.

Disbursement when selling house

There are mainly four disbursements that are well known during the selling of the house. However, one of them is evident and the remaining depending on the circumstances.

Land Registry

The Land Registry disbursement when selling house is a must to be paid disbursement in the United Kingdom. The Land Registry is the office where the records of the title of the property are kept. The solicitor of the seller must obtain the official copy of the register and the documents if required to make the draft contract during conveyancing. The same is sent to the buyer of the property. The disbursement fee of the Land Registry official copies and documents are in the range £6 and £5. This disbursement is an absolute requirement.

Telegraphic Transfer or TT Fee

This disbursement when selling a house is applicable when you have to pay off your mortgage. If you have to pay off your mortgage, the solicitor has to transfer the amount to your lender and this TT Disbursement Fee is charged by the Bank. The disbursement fee is generally dependent on the amount transferred.

Lease Copy

The Lease copy is necessary for the leasehold properties. This is the copy that can be obtained from the Land Registry office and the additional amount has to be paid for it. The electronic copy is available for £11, and otherwise, it is £23.

Flat Management

If you have a leasehold property and is managed by any block, then the seller has to provide management information and that may be costly disbursement. It is dependent on the management of the block of the apartment and can be close to £300 or even more.

These are the most common disbursement when selling house. While these are common, there may be other requirements based on the nature of the case, you will have to discuss it with your solicitor to understand them.

Online conveyancing costs

Online conveyancing costs and benefits

The internet has revolutionized the world. It has changed how we do things, since its inception much of the services that were traditionally offered on the street can now be offered online. Among the many services that are quickly adopting the Internet to change how they operate is conveyancing. Conveyancing is the process of transferring the legal ownership of a legal property from a buyer to the seller. Now this process has for many years been offered by high street professionals that charge high fees for their services. With introduction of online conveyancing costs and time are reduced so you can buy and sell your property in the shortest time possible.

Finding good solicitors was also not an easy task. You will have to make a lot of calls, send a lot of emails and even travel to their offices wherever they may be so as to access their services or even get information about the firm including the fees they charge. This is very hectic, and you end up spending a lot of time and money just looking for the right solicitor even before you start the conveyance process.

Due to distance, people had to settle for local conveyancers who control the market. Monopoly translates to poor service and high prices. However, the internet has completely changed all of that. No longer is one required to travel for extended or make endless call looking for a service provider.

With internet and conveyancing quote comparison sites, the right conveyancer can be found with the simple press of a button. Not only is the process of finding a conveyancer much easier but the whole process of conveyancing has been completely changed. The process can be completed from start to finish without you having to go to the conveyancer’s office or in some cases even meeting. Once you’ve got their contacts, you don’t have to meet them in person. Good conveyancers maintain constant touch with their customers notifying them of any development.

Cuts Conveyancing Costs and Time

With online conveyancing costs are reduced in paper documents, miscellaneous office expenses and also travel expenses. This can help both conveyancer and client to focus more on the case at hand rather than various small expenses.

Online conveyancing is most definitely the future of the industry as more and more service providers are switching to the internet for a faster and more efficient way of reaching their customers. Online conveyancing is beneficial for both parties regarding efficiency and cost. The biggest advantage to home buyers and sellers is the reduced price. Online conveyancing avails the customer with a variety of options no matter where the conveyance is located, this results in an increase in competition and even the local conveyancer has to reduce their price so as to compete with the rest.

Through online forums such as, one can compare the quotes for various conveyancers and get the best deal not only regarding cost but also in the quality of service delivery. It is also advisable to stick with fixed fee quotes instead of hourly quotes that are much more expensive.

Such competition also pushes service providers to improve the quality of service that they provide. Technology also facilitates better service delivery. For instance, through the internet, it is possible for the customer to be kept in the loop through a web tracking service and SMS or email updates. Online conveyancing has been proven to be better than traditional conveyancing in all ways.

average solicitors fees for selling a house

Average Solicitors Fees For Selling A House

Solicitors are legal professionals with a vast amount of experience handling the exchange of properties. There is no need to mention that they get remunerated for their services. If you have a property to sell, you might be in need of a solicitor, and for a good hire, you may have to take many factors into consideration, such as the experience and the fees of the solicitor. The average solicitors fees for selling a house vary based on many factors. Let’s read more about it.


Solicitors carry out many different tasks and handle the legal aspects which have some disbursements that include stamp duty, land registry fees, and property search fee, just to name a few.

Other Costs

Aside from the expenses mentioned above, you will be charged the lawyer’s basic fee too. On average, the solicitor may charge you around £600 for a property worth about £100,000 in the United Kingdom. For houses that are over that value, they may cost up to £1,000 depending on which firm you decide to choose.

How To Get The Best Deal?

Well, the easiest way of getting the best deal is to get at least three quotes from three different solicitors. You can go online to get contact details of various solicitors and get quotes for free of charge.

What would you pay for?

Solicitors perform many important tasks for which they charge their clients. Below is what they would charge you:

  • Validation of ownership of the property

Your solicitor will get in touch with the local authorities to find out if the property is owned by the vendor they met.

  • Sale contract

This draft will shed some light on the conditions of sale. The vendor will be sent a few questions to answer, and the questions will be related to the issues that you think may need to be resolved before the sale proceeds. Probably, the contract will be between your solicitor and the solicitor of the other party. On average the process will consume around ten days.

  • The signing of the contracts

Once the contract is signed, both sides will be legally bound to follow the terms of the contract until the deal is closed. The solicitors from the both sides will be present at the time of the signing of the contract.

In short, you get what you pay for. Hiring the cheapest solicitor will not be a good idea. However, you will not need the most expensive solicitor either. As a good practice, just get a few quotes, interview the solicitor and choose one that you feel most comfortable with after considering the fees.